Analyst upgrades 5-23-07: COP, FRX, SPLS and SUNW
Posted May 23rd 2007 11:02AM by Kevin Shult
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, ConocoPhillips (COP), Staples Inc (SPLS), Sun Microsystems (JAVA)
MOST NOTEWORTHY: Staples, Inc (SPLS), Sun Microsystems, Inc (SUNW), Forest Laboratories, Inc (FRX), AvalonBay Communities (AVB) and ConocoPhillips (COP) were today's noteworthy upgrades:
- Soleil upgraded shares of Staples, Inc (NASDAQ: SPLS) to Buy from Hold following the in-line Q1 results, as the firm believes management's initiatives will benefit the company for the remainder of the year.
- Matrix upgraded Sun Microsystems (NASDAQ: SUNW) to Hold from Sell based on improved profitability and margins due to cost cuts.
- First Albany upgraded Forest Laboratories (NYSE: FRX) to Strong Buy from Neutral following positive preliminary results for Milnacipran in Fibromyalgia.
- Bernstein upgraded shares of ConocoPhillips (NYSE: COP) to Outperform from Market Perform...
OTHER UPGRADES:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: aati, advanced analogic, AdvancedAnalogic, aem, analyst, anglogold, au, avalon bay, AvalonBay, avb, cop, cypb, cypress, forest, frx, mdt, medtronic, rating, spls, staples, sun, sun micro, SunMicro, theflyonthewall.com, upgrade
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Reader Comments (Page 1 of 1)
5-28-2007 @ 5:36PM
william owen said...
csco earnings and product emphasis ndeserve a buy rating